ESTATE OF REILLY v. COMMISSIONER OF INTERNAL REVENUE, 25 T.C. 366 (1955) ESTATE OF JOSEPH E. REILLY, DECEASED, GRACE F. REILLY, ADMINISTRATRIX,PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. Docket No. 53221.United States Tax Court. Filed November 30, 1955. The proceeds of insurance policies on the life of the decedent were payable in equal installments to […]
Category: United States Tax Court Opinions
PRABEL v. COMMISSIONER OF INTERNAL REVENUE, 91 T.C. 1101 (1988)
PRABEL v. COMMISSIONER OF INTERNAL REVENUE, 91 T.C. 1101 (1988) BRUCE A. PRABEL AND MARIANNE S. PRABEL, PETITIONERS v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT. No. 8389-87.United States Tax Court. Filed December 29, 1988. Petitioners invested in a real estate investment partnership that calculated accrued interest deductions relating to aPage 1102 long-term partnership loan on the basis […]
MILL v. COMMISSIONER OF INTERNAL REVENUE, 5 T.C. 691 (1945)
MILL v. COMMISSIONER OF INTERNAL REVENUE, 5 T.C. 691 (1945) HORACE MILL AND RUBY A. MILL, PETITIONERS, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT. Docket No. 5582.United States Tax Court. Promulgated September 11, 1945. Petitioner’s business was operating slot machines in club rooms of various lodges of the Loyal Order of Moose in the State of Ohio. […]
COLUMBIA RIVER ORCHARDS v. COMMR. OF INTERNAL REVENUE, 15 T.C. 253 (1950)
COLUMBIA RIVER ORCHARDS v. COMMR. OF INTERNAL REVENUE, 15 T.C. 253 (1950) COLUMBIA RIVER ORCHARDS, INC., PETITIONER, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT.E. D. GENSINGER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. United States Tax Court. Docket Nos. 20501, 20502. Promulgated September 22, 1950. 1. A petition filed in the name of a dissolved corporation by a […]
CROOK v. COMMISSIONER OF INTERNAL REVENUE, 80 T.C. 27 (1983)
CROOK v. COMMISSIONER OF INTERNAL REVENUE, 80 T.C. 27 (1983) WILLIAM H. CROOK AND ELEANOR B. CROOK, PETITIONERS v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT. No. 18704-80.United States Tax Court. Filed January 10, 1983. Petitioners paid substantial amounts of “investment interest” subject to the limitation of sec. 163 (d), I.R.C. 1954. Petitioners are also shareholders of three […]
CLOW v. COMMISSIONER OF INTERNAL REVENUE, 1 T.C. 928 (1943)
CLOW v. COMMISSIONER OF INTERNAL REVENUE, 1 T.C. 928 (1943) FRANCES JONES CLOW, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT Docket No. 111241.United States Tax Court. Promulgated April 14, 1943. The income of an Illinois trust which may, in the discretion of the trustees, be used for the support, maintenance and welfare of the minor children […]
ESTATE OF D’AMBROSIO v. COMMR. OF INTERNAL REVENUE, 105 T.C. 252 (1995)
ESTATE OF D’AMBROSIO v. COMMR. OF INTERNAL REVENUE, 105 T.C. 252 (1995) ESTATE OF ROSE D’AMBROSIO, DECEASED, VITA D’AMBROSIO, EXECUTRIX, PETITIONERv. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. No. 6724-94.United States Tax Court. Filed September 25, 1995. D transferred her remainder interest in stock for consideration equal to the value of that interest, and retained an income […]
CLINTON v. COMMISSIONER OF INTERNAL REVENUE, 2010-75 (T.C. 6-16-2010)
CLINTON v. COMMISSIONER OF INTERNAL REVENUE, 2010-75 (T.C. 6-16-2010) GREGORY J. AND SUSANNA M. CLINTON, Petitioners v. COMMISSIONER OFINTERNAL REVENUE, Respondent No. 2759-08S.United States Tax Court. Filed June 16, 2010. [EDITOR’S NOTE: This case is unpublished as indicated by the issuing court.] SUMMARY OPINION PURSUANT TO INTERNAL REVENUE CODE SECTION 7463(b), THIS OPINIONMAY NOT BE […]
DELACROIX CORP. v. COMMISSIONER OF INTERNAL REVENUE, 13 T.C. 827 (1949)
DELACROIX CORP. v. COMMISSIONER OF INTERNAL REVENUE, 13 T.C. 827 (1949) DELACROIX CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 12002.United States Tax Court. Promulgated November 29, 1949. 1. DEDUCTION — INTEREST. — Held, no interest accrued in the taxable year as a liability of petitioner where prior thereto it transferred and conveyed a […]
GRUMMER v. COMMISSIONER OF INTERNAL REVENUE, 46 T.C. 674 (1966)
GRUMMER v. COMMISSIONER OF INTERNAL REVENUE, 46 T.C. 674 (1966) GERALDINE E. GRUMMER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT.WILLIAM T. GRUMMER AND BLANCHE E. GRUMMER, PETITIONERS, v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT. Docket Nos. 321-65, 3562-65.United States Tax Court. Filed August 25, 1966. Held, in view of the decision in Commissioner v. Lester,366 U.S. 299 (1961), […]